indian economy hit by coronavirus, Covid-19

IMF predicts global recession, puts India growth at 1.9%

The IMF expects the US economy to shrink by 5.9% this year and the euro zone by 7.5%. China is projected to grow at 1.2%. Read more »
world recession new coronavirus

Fitch sees global recession, cuts India growth forecast to 2%

The lockdown in China has disrupted regional manufacturing supply chains and caused a fall in local discretionary spending and exports. Read more »
coronavirus-climate change

Four lessons from Covid-19 for fight against climate crisis

The coronavirus outbreak will result in a deeper understanding of the ties that bind humanity, and help the world in its fight against climate change. Read more »
India agriculture exempted from lockdown.

The government exempts farming, allied activities from lockdown

The government eased the curbs for farm sector to ensure uninterrupted supply of essential items to the common man and to cushion the impact of the lockdown. Read more »
Narendra Modi attending the G20 video conference summit

G20 pledges $5 trillion stimulus to avert global recession

The G20 leaders promised to implement all necessary health measures needed to stop the virus from spreading. Read more »
Finance minister Nirmala Sitharaman

Covid-19: Modi government announces Rs 1.7 lakh crore welfare package

FM Nirmala Sitharaman announces several schemes to put money in the hands of the poor, most vulnerable. Read more »
Finance minister Nirmala Sitharaman

Coronavirus outbreak: FM Sitharaman eases compliance burden to reduce pain

The Narendra Modi government announces easier compliance in areas such as income tax, GST, customs & excise, banking and trade. Read more »
IMF managing director Kristalina Georgieva.

IMF identifies three action areas to mitigate economic fallout of coronavirus outbreak

The agency identifies fiscal, monetary and regulatory steps to cushion Covid-19 economic impact. Read more »
IIP expands 2% in January; CPI inflation eases to 6.58% in February

Industrial output rebounds, inflation eases

Index of industrial production expanded 2% in January; CPI inflation eases to 6.58% in February. Read more »
A coal mine. The Mineral Laws (Amendment) Bill will transform the coal mining industry in India.

Towards a rounded policy: Parliament passes the Mineral Laws (Amendment) Bill

The new law seeks to transform the mining industry by boosting coal production and reducing dependence on imports. Read more »